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Farmhouse-rustico in Tuscany
Pienza, 85, Italy
REF: 725079
€450,000
Description
This interesting property immersed in the countryside, in a quiet and reserved location with view of Pienza, is composed of a farmhouse to be restored on two levels. The ground floor is currently used as storeroom and cellar. The first floor houses the residential part. The land surrounding the property is approximately 4.67 ha, with olive grove and vineyard. The property is connected to the electricity line and the aqueduct.The farmhouse is in need of restoration.The farmhouse can be used either as a main residence or as a second residence. It is also possible to insert it in the tourist rental circuit.The nearest village with services is 10 minutes away. Montepulciano can be reached in 15 minutes, San Quirico d'Orcia in 20 minutes and Montalcino in 35 minutes. The nearest airports are Perugia at 80 km, Florence at 120 km and Rome at 200 km. The Great Estate group carries out a technical due diligence on each property acquired through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the client at the time of a real interest in the property.
This interesting property immersed in the countryside, in a quiet and reserved location with view of Pienza, is composed of a farmhouse to be restored on two levels. The ground floor is currently used as storeroom and cellar. The first floor houses the residential part. The land surrounding the property is approximately 4.67 ha, with olive grove and vineyard. The property is connected to the electricity line and the aqueduct.The farmhouse is in need of restoration.The farmhouse can be used either as a main residence or as a second residence. It is also possible to insert it in the tourist rental circuit.The nearest village with services is 10 minutes away. Montepulciano can be reached in 15 minutes, San Quirico d'Orcia in 20 minutes and Montalcino in 35 minutes. The nearest airports are Perugia at 80 km, Florence at 120 km and Rome at 200 km. The Great Estate group carries out a technical due diligence on each property acquired through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the client at the time of a real interest in the property.
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Currency Exchange
Pienza, 85, Italy
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Italy do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Italy takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €450,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €450,000 | £374,346 | £387,279 | £12,933 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £374,346 |
| Maximum cost in the last six months | £387,279 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,933 |
Pienza, 85, Italy
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Italy do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Italy takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €450,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €450,000 | £374,346 | £387,279 | £12,933 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £374,346 |
| Maximum cost in the last six months | £387,279 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,933 |
The exchange rate on the day you make an offer on your property in Italy will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £12,933 more.
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